The Emerging Market Fixed Income team invests across sovereign debt, currencies, and corporate credit, bringing together deep regional and sector expertise. With roots in an emerging market and a pioneering role in local currency debt, the team offers a differentiated perspective on a diverse opportunity set. Two complementary sub-teams – Emerging Market Sovereign & FX and Emerging Market Corporate Debt – work closely to deliver consistent, risk-aware outcomes.
The team uses bottom-up, high-conviction ideas to build portfolios in line with top-down targets. A structured approach captures analyst views and manages risk, with country, currency, and corporate selection guided by scorecard rankings informed by qualitative insights and proprietary quantitative models.
Recent election results point to a political pivot with positive implications for debt markets. Dynamics in this key region are reflective of broader shifts across the maturing EM debt market.
Our EM Debt team shares its latest outlook and positioning across the investment universe.
As global investors reassess their allocations, emerging markets are entering the second half of the year from a position of genuine strength.
Our EM Debt team shares its latest outlook and positioning across the investment universe.
As war in the Middle East adds to a series of global supply shocks, emerging markets are showing growing resilience in an increasingly multipolar world.
Frontier markets are increasingly relevant for today’s portfolios, but expertise and conviction are vital for successful investment outcomes.
Our EM Debt team shares its latest outlook and positioning across the investment universe.
Three members of our EM Debt team went to Washington, DC – we asked them to share their highlights and pointers for investors, including a behind-the-scenes perspective on this important annual event.
Oil shocks don’t just disrupt, they accelerate change. Higher prices and energy insecurity are fast-tracking the shift to electrification and clean technology, led by emerging markets.
Reflections on developments across the EM Debt investment universe in March, and the EM Debt team's latest outlook and positioning.
EM debt has become an important component of the global debt market. The transformation has resulted in robust credit quality across a highly diverse opportunity set that’s ripe with alpha-capture potential.
Reflections on developments across the EM Debt investment universe in February, with an update on portfolio positioning in the context of the current conflict in the Middle East.
Our EM Debt team shares its latest outlook and positioning across the investment universe.
As China moves from the Year of the Snake into the Year of the Horse, the next animal in the 12-year Chinese zodiac cycle, investors are asking whether the horse’s association with strength and dynamism will be reflected in how China’s markets are positioned to perform.
After a year that pushed emerging market (EM) debt further into the mainstream, opportunities to capture alpha persist across regions and instruments.
Our EM Debt team shares its latest outlook and positioning across the investment universe.
Some areas of this increasingly mature asset class look expensive today. But a bottom-up perspective reveals plenty of opportunities across the globe, with enduring inefficiencies creating compelling value for investors.
Emerging markets outperformance tends to happen in multi-year cycles. The question for 2026 is whether we are closer to the end or the beginning of this EM cycle. There is strong evidence that it is the latter.
Increasingly relevant and in focus, EM debt has entered a more resilient and mature phase. But market inefficiencies continue to provide ample opportunity.
Our EM Debt team shares its latest outlook and positioning across the investment universe.
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